Home Sellers in Phoenix Are F*ing Delusional — And the Market’s Had Enough

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View this email in your browser We're deep into summer, the heat is soul-crushing, and sellers in Phoenix are still pricing like it's 2021. 😅 But don't worry — I'm bringing the cool-down with this month's real estate reality check. In this June edition, I'm diving into: A no-BS market snapshot 📉 Why Arizona's the MVP for recreation (yes, even when it's 115°) 🏞️ A new twist on retirement living 🛋️ Condo and manufactured housing trends you shouldn't sleep on And the truth about commercial real estate (spoiler: it's moving, just not where you think) 🏢 Whether you're buying, selling, investing, or just trying to understand WTF is happening out there, I've got you covered. Let's jump in before your phone melts in your hand. — Juan Pesqueira Arizona Real Estate Insider Market Snapshot🎯June 2025 Arizona's Got Game (Literally) When it comes to fun in the sun (and shade), Arizona knows how to play — and WalletHub agrees. In their 2025 ranking of the Best & Worst Cities for Recreation, seven Arizona cities scored spots on the national top 100 list. WalletHub analyzed the 100 largest U.S. cities across four key categories: Cost of living Access to recreational facilities Quality of parks Weather Arizona showed up strong — not just in sunshine, but in activities, affordability, and accessibility. So, if you're wondering where to hike, bike, golf, kayak, or just kick back with a cheap movie, our cities deliver. Here's how they ranked — and what makes each one actually fun to live in. 🥇 Scottsdale (#7) – Luxe parks, desert hikes, and top-tier weather Why it scored high: Best-in-class park quality and year-round sunshine. Recreation idea: Tee off at TPC Scottsdale, kayak the Lower Salt River, or hike Tom's Thumb Trail at sunrise for unbeatable views. Want something mellow? Stroll through the McDowell Sonoran Preserve — it's massive and gorgeous. Click Here to view the full list The New Retirement Plan: Sell the House, Sign a Lease Forget the white picket fence and 30-year mortgage — Arizona's retirees are doing things differently these days. More and more seniors across Phoenix, Tucson, and beyond are ditching homeownership and choosing to rent instead. And now we've got the numbers to prove it. A new study by Point2Homes reveals that renters aged 65 and over grew by 2.4 million nationwide over the past decade — the largest jump of any age group. And here in Arizona? We're right in the middle of it. Continue Reading Home Sellers in Phoenix Are F*ing Delusional — And the Market's Had Enough No f*ing surprise**—Phoenix is leading the country in homes getting yanked off the market. According to Realtor.com's June 2025 report, 30 out of every 100 homes listed in Phoenix in June were delisted before selling. That's not just high—it's twice the national average (13 per 100 listings). We're not just on the list—we're running the damn thing. Why's This Happening? Read the full break down Here 📰 PHOENIX-AREA CONDO MARKET UPDATE 📅 June 2025 Edition Tempe | Scottsdale | Phoenix The Phoenix-area condo market kept its cool in June 2025, but there are some key shifts worth paying attention to—especially if you're trying to time your next move. The market still leans balanced, meaning buyers and sellers are evenly matched… but inventory is rising, days on market are stretching, and median prices are sliding ever so slightly. Let's break it down and compare it to what we saw in May 2025 👇 📍 Tempe Condos: Rising Inventory, Stable Action Tempe continues to ride the balanced market wave with 6.62 months of condo inventory—plenty of options, but not so much that the market feels flooded. However, compared to May, there's a big shift worth noting: Inventory is up 7% month-over-month and a whopping 98% year-over-year. That's a surge. Buyers now have a lot more to choose from. Condos are selling at 97% of asking price, consistent with May. Median days on market: 58, slightly up from last month's average of around 50. Median sold price: $324,950, a dip from spring's ~$341K average. 📌 Compared to May: Tempe's inventory took a big leap, and while sales are still happening, sellers now face more competition. Buyers? You're in the driver's seat, just don't take too long to make your move. To Read the Full Analysis Click Here AriZona Manufactured/Mobile Home Market Trends Update – June 2025 — What a difference a month makes If you're keeping tabs on the manufactured/mobile home market across Arizona, June brought some eye-popping changes — especially when it comes to median prices, which saw a noticeable dip from May. While that might make it harder to pin down exactly where the market is heading, these numbers still give a solid baseline for any buyer, seller, or investor trying to make sense of things right now. 📍 Phoenix, AZ Months of Inventory: 9.71 → solid buyer's market. Buyers have options. Sellers? Get sharp with pricing and presentation. Sold-to-List Price Ratio: 92% → plenty of negotiation room for buyers. Inventory Change: ⬆️ 10% MoM | ⬆️ 53% YoY Median Days on Market: 62 Median Sold Price: $130,000 Compared to May: Price down significantly — further signs of buyer control. Click HERE to see Mesa, Apache Junction, Glendale, and Tucson Market Trends… The Phoenix Commercial Real Estate Market Is Moving—Just Not How You Think Yeah, yeah—I know. It's July and we're just now talking about the May 2025 NAR Commercial Market Insights. But just because it's late doesn't mean it's not worth your time. Honestly, this report says a lot about where the market's headed—and Phoenix is still very much in the mix. This isn't one of those "sky is falling" updates, but it's not sunshine and lollipops either. Think of it as a pulse check: What's moving? What's stuck? Where's the pressure building? Continue Reading 📊 See the full NAR report here IN OTHER NEWS 🔎 Architect Al Beadle's First Home Is for Sale in Phoenix — and It's Hiding in Plain Sight Homebuilders are slashing prices at the highest rate in 3 years The Founder of the Vitamin Shoppe Wants $89 Million for His Hamptons Home Will Tariffs Raise Mortgage Rates? Here's What to Know Starter-Home Sales Rose 4% in June, a Bright Spot in a Sluggish Housing Market. Copyright © 2025 Juan Pesqueira @ Attorneys Realty All rights reserved. EQUAL HOUSING OPPORTUNITY Our mailing address is: 7010 E Chauncey Lane Ste 110, Phoenix, AZ 85054 Want to change how you receive these emails? You can update your preferences or unsubscribe